Iran Life Insurance Industry Gets a Fillip

Central Insurance company of Iran (CII), the regulatory body of the industry, has issued a license for a new life insurance company ‘Baran Life Insurance’ company. 
Scheduled to start operation in early June, the company will offer a wide range of life insurance options and investment opportunities with focus on "innovative" and less common policies, the company 's CEO said. 
"We have developed an easy procedure for selling  insurance policies…By referring to our website one can easily find an appropriate life insurance and investment package that takes all risk factors into account," Alireza Hadi was quoted as saying by the company's website.